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Table 3 
Deforestation Rates Using OTBN and UMSEF Data
 (1) OTBN(2) UMSEF
H1: Total amount (lag-ln) −0.0472*** (0.0170) −0.0129*** (0.00384) 
H2: Specialized ALA −2.562* (1.314) −0.398 (0.276) 
H3: Land value (ln) 0.841 (0.549) 0.187 (0.143) 
H4: Exports (ln)   −0.0615 (0.0766) 
Constant 2.314 (4.574) 0.323 (1.286) 
Observations 74 100 
No. provinces 12 12 
 (1) OTBN(2) UMSEF
H1: Total amount (lag-ln) −0.0472*** (0.0170) −0.0129*** (0.00384) 
H2: Specialized ALA −2.562* (1.314) −0.398 (0.276) 
H3: Land value (ln) 0.841 (0.549) 0.187 (0.143) 
H4: Exports (ln)   −0.0615 (0.0766) 
Constant 2.314 (4.574) 0.323 (1.286) 
Observations 74 100 
No. provinces 12 12 

Note: Standard errors are in parentheses.

***p < 0.01. **p < 0.05. *p < 0.1.

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